FedEx Affirms Earnings Guidance; Cites Strong Economy
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FedEx Corp. is ranked No. 2 ranked on the Transport Topics 100 listing of U.S. and Canadian for-hire carriers.
edEx Corp. Thursday reaffirmed its previous guidance of $1.40 to $1.50 per diluted share for its fourth fiscal-year quarter ending May 31.
The company “continues to see steady economic growth across the U.S. and internationally,” said Frederick Smith, FedEx’s chairman and chief executive officer.
“The overall strength of the economy, and in particular the strength in the manufacturing and wholesale sectors, should continue to benefit FedEx going forward,” Smith said in a statement.
